Then expected utility should be calculated as:
Okay, read through this section again, and I think it makes sense to me now. Would love to see an explicit walkthrough of the calculation with actual numbers though.
by Eric Rogstad Jul 13 2016
Then expected utility should be calculated as:
Okay, read through this section again, and I think it makes sense to me now. Would love to see an explicit walkthrough of the calculation with actual numbers though.